NOT LISTED FOR SALE

1623 Pelican Cove Rd Unit BA223 Sarasota, FL 34231

Vamo Neighborhood

Estimated Value: $328,826 - $438,000

2 Beds
2 Baths
1,216 Sq Ft
$564/mo HOA Fee

Last Sold October 02, 2018

Last sale price $238,000 $196 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,795/month

259 Days on Market

Highlights

  • Marina
  • Boat Ramp
  • Oak Trees
  • Riverview High School Rated A
  • Access To Marina
  • Gated Community

About This Home

As of October 2018

Imagine living in a resort-style community. Go, ahead, take a second and see it clearly in your mind. You're sitting on your balcony with a cool breeze blowing through the mature trees and you marvel at how nice it is in the shade. You finish your iced tea, put down your book and the biggest decision facing you is which of the neighborhood amenities to use today. Pelican Cove lies on the shores of Little Sarasota Bay and is comprised of 75 lushly landscaped acres and private streets shaded by a canopy of ancient trees. The active community has a harbor with 85 slips, 3 kayak launches, kayak/canoe storage, 6 heated pools, 4 lighted tennis courts, 3 recreational clubhouses, an art & sculpture studio, game rooms, fitness center, basketball court, library, woodworking workshop, miles of walking trails and 2 guest bedrooms that are available for rent when you have extra family visiting. After a couple of sets of tennis you take a dip in the pool or spa before heading back to your home to plan tomorrow. Maybe tomorrow is just chilling... that's ok, it's up to you. This is your own paradise - you make the rules!

Last Agent to Sell the Property

Rick Hughes

PREFERRED SHORE LLC License #0658412 Listed on: 12/11/2017

PREFERRED SHORE LLC

Co-Listed By

Carol-Ann Warr

PREFERRED SHORE LLC License #3375393

Last Buyer's Agent

Erin Cassavoy

COLDWELL BANKER REALTY License #3369707

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,256

Year Built

  • Built in 1981

Lot Details

  • Mature Landscaping
  • Oak Trees

HOA Fees

  • $564 Monthly HOA Fees

Property Views

  • Woods
  • Garden

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,216 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Sun or Florida Room
  • Inside Utility
  • Attic

Kitchen

  • Range with Range Hood
  • Dishwasher

Flooring

  • Carpet
  • Porcelain Tile
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • 1 Carport Space
  • Assigned Parking

Outdoor Features

  • Access To Marina
  • Balcony
  • Outdoor Storage

Location

  • Property is near public transit

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, maintenance repairs, manager, private road, recreational facilities, security
  • Pelican Cove 941 966 5674 Association
  • Pelican Cove Community
  • Pelican Cove I Subdivision
  • The community has rules related to deed restrictions, vehicle restrictions
  • Rental Restrictions

Recreation

  • Boat Ramp
  • Boat Dock
  • Marina
  • Tennis Courts
  • Recreation Facilities
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Security Service
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,256

Year Built

Built in 1981

Lot Details

0

HOA Fees

$564 per month

Listing Details

  • HOA Fee Includes: Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Other, Private Road, Recreational Facilities, Security
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1216
  • New Construction: No
  • Year Built: 1981
  • Building Area Total: 1482
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4204198&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4204198&cview=true&show_results=true&customer_portal=true
  • Floor Number: 2
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Call Center Phone Number: 941-308-7777
  • Planned Unit Development Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 195.72
  • Close to Original List Price Ratio: 0.88872
  • Ratio: Current Price\Building Area Total: 160.59
  • View: Yes
  • Co List Office Mls Id: 281504998
  • Co List Office Phone: 941-951-6660
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Other, Porcelain Tile
  • Full Bathrooms: 2
  • Interior Amenities: Attic, Ceiling Fans(s), High Ceiling(s), Open Floorplan, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Microwave Hood, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 2
  • Window Features: Window Treatments
  • Room Count: 8
  • Additional Rooms: Attic, Florida Room, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Other Structures: Storage, Tennis Court(s)
  • Exterior Features: Balcony, Sliding Doors, Storage, Tennis Court(s)
  • Roof: Other, Shingle
  • Pool Private: No
  • View: Garden, Trees/Woods
  • Waterfront: No
  • Water Access: Marina
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0207F
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Parking Features: Assigned
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Community Boat Ramp, Deed Restrictions, Gated Community, Pool, Tennis Courts
  • Association Amenities: Boat Dock, Gated, Marina, Recreation Facilities, Security, Spa/Hot Tub, Tennis Court(s), Vehicle Restrictions
  • Association Name: Pelican Cove 941-966-5674
  • Association: No
  • Security: Gated Community, Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 564
  • Condo Fees Term: Monthly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 564
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 6768
  • Total Monthly Fees: 564

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0126101050
  • Additional Parcels: No
  • Lot Features: Near Public Transit
  • Property Attached Yn: Yes
  • Flood Zone Code: X500
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 2 Months
  • Approval Process: Submit to Pelican Cove 20 days prior to lease start.
  • Num Timesper Year: 4
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: $100 application fee. Tenant not allowed pets.

Tax Info

  • Tax Annual Amount: 1256
  • Tax Block: 1
  • Tax Book Number: 8-37
  • Tax Lot: 223

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2017
Closed on
Oct 2, 2018
Sold by
Leslie James W
Bought by
Hall Jon M and Lawless Marla A
Seller's Agent
Rick Hughes
PREFERRED SHORE LLC
Buyer's Agent
Erin Cassavoy
COLDWELL BANKER REALTY
List Price
$248,000
Sold Price
$238,000
Premium/Discount to List
-$10,000
-4.03%
Current Estimated Value
$368,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,457
Avg. Annual Appreciation
6.38%
Original Mortgage
$221,340
Outstanding Balance
$193,022
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$175,435

Purchase Details

Closed on
Jan 26, 2010
Sold by
Magruder Jane and Trust Under Will Of Ruthe Peys
Bought by
Leslie James W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Interest Rate
5.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 1998
Sold by
Burgess John A and Burgess Lee D
Bought by
Peyser Ruthe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.03%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hall Jon M $238,000 Sunbelt Title Agency
Leslie James W $135,000 Msc Title Inc
Peyser Ruthe $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hall Jon M $221,340
Previous Owner Leslie James W $101,250
Previous Owner Peyser Ruthe $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2018 10/02/18 Sold $238,000 0.0% $196 / Sq Ft
08/28/2018 08/28/18 Pending -- -- --
05/09/2018 05/09/18 Price Changed $238,000 -4.0% $196 / Sq Ft
03/20/2018 03/20/18 For Sale $248,000 +4.2% $204 / Sq Ft
03/19/2018 03/19/18 Off Market $238,000 -- --
03/05/2018 03/05/18 Price Changed $248,000 -7.4% $204 / Sq Ft
12/11/2017 12/11/17 For Sale $267,800 -- $220 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,623 $262,473 -- --
2023 $3,623 $296,200 $0 $296,200
2022 $3,434 $284,000 $0 $284,000
2021 $2,852 $197,200 $0 $197,200
2020 $2,848 $193,800 $0 $193,800
2019 $2,741 $188,400 $0 $188,400
2018 $2,636 $181,400 $0 $181,400
2017 $1,308 $109,869 $0 $0
2016 $1,307 $168,800 $0 $168,800
2015 $1,324 $156,600 $0 $156,600
2014 $1,317 $104,446 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rick Hughes

    Seller's Agent in 2018

    Rick Hughes

    PREFERRED SHORE LLC

    (941) 374-5896

    37 Total Sales

    Rick Hughes
    Section Image
  • Carol-Ann Warr

    Seller Co-Listing Agent in 2018

    Carol-Ann Warr

    PREFERRED SHORE LLC

    (941) 780-0665

    9 Total Sales

    Carol-Ann Warr
    Section Image

  • E

    Buyer's Agent in 2018

    Erin Cassavoy

    COLDWELL BANKER REALTY

    (941) 929-4650

    Erin Cassavoy
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4204198

Stellar MLS

APN: 0126-10-1050

Florida Sarasota County Sarasota 34231 Vamo

1623 Pelican Cove Rd Unit BA223, Sarasota, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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